Disliked{quote} why would you buy CAD before red cpi tomorrow? You do know it's expected to be weaker than before, right? That's just speculating ... Or are your betting that CAD will rise if retails sales perform well as expected?Ignored
It is very bullish forecast anyway .
And based on Davit's weekly insight for CAD correction too .
You have your point too , closing trade before the news event , as we can see the AUD Un/Employment's effect on chart . But all good before the events , price has followed the bullish forecast , and we are making tons of money from it .
Study case : for last week's NZD GDP's forecast to be bullish .
However , Davit was looking for a bigger picture to sell it .
The market reacted as expected to follow the green forecast , and the day before GDP`s event it started to fall . Everyone was making money on NzdUsd short on the day before GDP's event @R61 zone together with USD Feds fund rate's bullish forecast .
You are making sense here , no hard feelings everyone ...
CHECK MY TE !